In today’s webinar, hear from MB Fund’s Head of Investment Damien Klassen, Chief Economist Leith van Onselen, and Tim Fuller took a deep dive into “The Ugly Truth of the (Australian) Miracle Economy”.
Today we looked at 28 years of uninterrupted GDP growth and contrast that to 7 years of declining real household income per capita. Capex has been a trouble spot, demand has been weak – we have a look at the differences between headline GDP and income and where the problem lies.
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Tim Fuller is Head of Operations at the Macrobusiness Fund, which is powered by Nucleus Wealth.
The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Tim Fuller is an authorised representative of Nucleus Wealth Management, a Corporate Authorised Representative of Nucleus Advice Pty Ltd – AFSL 515796.